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Abarth Classiche 1300 OT revives the Alfa Romeo 4C for one last hurrah

The Alfa Romeo 4C is back from the dead. Well, at least partially. This Abarth Classiche 1300 OT doesn’t wear an Alfa Romeo badge, but itÂ’s effectively a re-bodied and re-jiggered 4C built with an eye to the past. Limited to only five examples, the Classiche 1300 OT is part of StellantisÂ’ “Reloaded by Creators” project that aims to reinterpret beloved cars of its past in a modern form. This time, the model is the Fiat-Abarth OT 1300 race car from 1965. WeÂ’ll put new and old side-by-side below for you to critique how Abarth did. One of the original carÂ’s most distinctive features was the big periscope atop the roof meant to cool the cabin while racing, and Abarth made a small attempt at recreating it with a little scoop atop the roof. Its hood features a scoop that looks a little like the originalÂ’s, and you can see similar inspiration found for its rear taillghts. All that said, this re-body job doesnÂ’t really go far enough to make you forget itÂ’s actually just an Alfa Romeo 4C underneath. You may recall a similar attempt made a few years ago with the Abarth 1000 SP that used the same formula, but instead was based on the 4C Spider. Technical details are practically non-existent for this new Classiche 1300 OT, but we suspect itÂ’s powered by the same 1.7-liter turbocharged four-cylinder as the 4C was and cracks off shifts via a six-speed dual-clutch gearbox. We donÂ’t know the curb weight, but Abarth says all of its body is now made of carbon fiber, so itÂ’s likely to be even lighter than the standard 4C. If weÂ’re lucky, Abarth has done some re-tuning of the powertrain and suspension to differentiate how it drives compared to the 4C. And if you want one of these creations, Abarth says ordering is open now, but remember, only five are ever going to be built.

Fiat Chrysler, Peugeot owner PSA reportedly in merger talks

Fiat Chrysler and Peugeot owner PSA are in talks to combine in a deal that could create a $50 billion automaker, the Wall Street Journal reported on Tuesday, citing sources. The deal could be in the form of an all-stock deal, the report said. Fiat Chrysler shares rose sharply after the report and were up more than 7% in late afternoon trading. Fiat Chrysler and Peugeot had no comment. Investors have speculated for several years that Fiat Chrysler was hunting for a merger partner, encouraged by the rhetoric of the company's late chief executive, Sergio Marchionne. In 2015, Marchionne outlined the case for consolidation of the auto industry, and tried unsuccessfully to interest General Motors in a deal. Peugeot and Fiat Chrysler had discussed a combination earlier this year, before Fiat Chrysler proposed a $35 billion merger with French automaker Renault SA. Fiat Chrysler Chairman John Elkann broke off talks with Renault in June after French government officials intervened, and pushed for Renault to first resolve tensions with its Japanese alliance partner, Nissan. Following the collapse of the Renault merger plan, Fiat Chrysler CEO Mike Manley left the door open for talks with would-be partners, but said the Italian-American automaker could go it alone despite mounting costs to develop electric vehicles and comply with tougher emissions rules in Europe, the United States and China. Peugeot CEO Carlos Tavares dismissed the idea of a combination with Fiat Chrysler during a discussion with reporters at the Frankfurt auto show last month. "We don't need it," Tavares said when asked whether he was still interested in a deal with Fiat Chrysler. Fiat Chrysler has a commercial vehicle partnership with Peugeot.

James Bond to drive Fiat 500 in next film

After the return of James Bond's classic Aston Martin DB5 for some scenes in SkyFall, the spy with a license to kill is reportedly hopping into something much more mainstream for his next film. The upcoming Bond movie allegedly features a car chase through Rome in a Fiat 500, according to Sky News from info obtained by Italian news agency ANSA. The Italian capital is also rumored to play host to other action scenes in the film, and shooting for these portions allegedly runs through February and March of 2015. There's no word yet whether a modern or vintage 500 would be the star, but using a current 500 Abarth could keep things exciting, although we hope James gets behind the wheel of something a bit more exciting along the way, too. Regardless of which Fiat Bond drives, it still wouldn't match the Citroen 2CV chase in For Your Eyes Only as the spy's most plebeian automotive choice. The name for the next Bond movie isn't revealed yet, but filming is supposed to start in the coming weeks, according to Sky News. Daniel Craig returns for his fourth outing as the world's most famous fictitious spy, and Sam Mendes is reportedly in the director's chair again after helming SkyFall, as well.